When oil prices are $100 a barrel, the total marginal government take in Alaska is 82 percent. In Alberta, it’s 55 percent. In the Gulf of Mexico, it’s 43 percent. Alaska is simply not competitive under ACES.
When oil prices are $100 a barrel, the total marginal government take in Alaska is 82 percent. In Alberta, it’s 55 percent. In the Gulf of Mexico, it’s 43 percent. Alaska is simply not competitive under ACES.
That’s a depressing graph for Alaskans. Oil is the life of this state.